Gary D. Simpson - 31 Jan 2025 Form 4 Insider Report for TXO Partners, L.P. (TXO)

Role
President, Prod & Development
Signature
/s/ Brent W. Clum, Attorney-in-fact
Issuer symbol
TXO
Transactions as of
31 Jan 2025
Net transactions value
$0
Form type
4
Filing time
04 Feb 2025, 16:23:48 UTC
Previous filing
13 Nov 2024
Next filing
01 Apr 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TXO Common Units Award $0 +52,770 +30% $0.000000 231,480 31 Jan 2025 Direct F1
transaction TXO Common Units Award $0 +8,090 +3.5% $0.000000 239,570 31 Jan 2025 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects phantom units. Each phantom unit is the economic equivalent of one common unit of the Issuer and will be settled in common units upon vesting. The phantom units will vest in three substantially equal installments beginning on January 31, 2026.
F2 Reflects performance units. Each performance unit is the economic equivalent of one common unit of the Issuer and will be settled in common units upon vesting. The performance units will vest in two substantially equal installments beginning on January 31, 2026.

Remarks:

The Reporting Person is a President, Production and Development of TXO GP, LLC, the general partner of the the Issuer (the "General Partner"). The Issuer is managed by the directors and executive officers of the General Partner.